If you receive or deposit your income into your bank account, your most recent bank statement can work as both your proof of residency and proof of income document required for your title loan application, however your bank statement, even without your income being deposited into it can also be used as proof of residency. A statement for a loan or some type of revolving credit, such as a credit card, can also be used as proof of residency.
Proof of residency can be provided using regular service bills for your place of residence, in your name. Other acceptable forms of proof of residency can be your phone, electric, gas, internet, cable, satellite, insurance, etc. When you provide your bill for proof of residency, we are verifying the name on the statement matches the name on the application and the address provided. We do also verify the date of issue of the bill to ensure that the most recent service bill is being provided for the validation of the residency on your application. Since with a title loan, at Jacksonville Title, a traditional credit check is not completed to approve your loan request, we utilize this proof of residency document in lieu of the credit check in order to approve your loan.
Sometimes, we do have applicants that do not or have not received their first service bill because they have recently moved, this is ok, and we will work with you to get your title loan application approved. If you have a recently issued lease because of this, we are also able to accept this lease as your proof of residence.
Some customers are still unable to produce documentation sufficient to provide proof of residency. We do allow for a cosigner on your title loan application to supplement this required document if that is an alternative route that you need to do in order to complete your title loan application. Having a cosigner on your title loan application is not a requirement but just another way that we try to work with our customers to get their title loan application approved.
If any of your documents are available electronically because you no longer have the physical document that was mailed to your residence, our representatives can assist you with producing the paperwork needed in office. We have many applicants that email the document or ask for our staff to print the document and that is not a problem at Jacksonville Title, we always strive to provide the best customer experience to make the application process for the title loan process as hassle-free as possible.
If, for some reason, you are unable to produce any of the required documents needed for proof of residency, we can still try to still assist you, please give our friendly representatives a call at (904) 880-2274 to discuss what documentation you have available to know how we can assist you with getting your title loan approved! We look forward to assisting you!